The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. Millions of veterans and their families are eligible for Veterans Benefits but …
The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. Despite the doom and gloom you hear on the national news each …
Do you have what it takes to own a business? Let’s face it, not everyone is cut out to be a captain of industry, or even captain of a small business. Maybe you need not subject yourself to an intensive psychological and life-experiences evaluation, but be honest with yourself about whether you have the necessary …
As we all watch the multiple news channels and reports coming out almost hourly, I recalled a scene from one of my favorite Pixar movies, Monsters, Inc. In this scene, a news correspondent says “It is my professional opinion that now is the time to panic!” As he raises his arms and waives them.
Have you ever noticed that the names of many estate planning devices sound the same ? There are Wills, Living Wills, Living Trusts, Revocable Trusts, Irrevocable Trusts, Crummey Trusts, Charitable Trusts, Real Estate Investment Trusts, Family Limited Partnerships, Family Trusts, powers of attorney and powers of appointment.
Earlier this week, a good friend of mine sent me a joke that revolved around the death of Aunt Pearl. It seems Aunt Pearl was scared of the dark her whole life, so she asked in her Will that a light be put in her casket, an electric line run underground and a sensor put in place so if the light ever went out they could dig the casket up and replace it. I hear some pretty unique request for Wills, but nothing quite like Aunt Pearl.
As a legal entity, a private foundation has corporate and tax filings to maintain on a regular basis and myriad administrative tasks that go with any corporate endeavor. The overhead costs alone are typically too expensive and time-consuming for most of us, as individuals or as families, to establish such a philanthropic structure. You want your giving to achieve the most bang for the buck.
There is a federal law that affords consumers significant say over the privacy of their financial information while still allowing financial institutions to share information for normal business purposes. This Act covers banks, savings and loan institutions, credit unions, insurance companies, securities firms, and even some retailers and automobile dealers that extend or make arrangements for consumer credit.
“THE LEGAL CORNER” By Sam A. Moak EXCLUDED HEIRS MAY STILL INHERIT The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. …
